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Last $1.91 USD
Change Today +0.09 / 4.95%
Volume 407.5K
GIG On Other Exchanges
Symbol
Exchange
Berlin
NYSE Amex
As of 4:15 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

gigoptix inc (GIG) Snapshot

Open
$1.90
Previous Close
$1.82
Day High
$1.95
Day Low
$1.84
52 Week High
07/29/15 - $1.95
52 Week Low
10/27/14 - $0.99
Market Cap
62.3M
Average Volume 10 Days
327.7K
EPS TTM
$-0.04
Shares Outstanding
32.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GIGOPTIX INC (GIG)

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gigoptix inc (GIG) Details

GigOptix, Inc. operates as a fabless supplier of semiconductor components that enable end-to-end information streaming over optical and wireless networks. Its high-speed communications product line offers a portfolio of high performance optical and wireless components, such as mixed signal radio frequency integrated circuits; laser and optical drivers, and trans-impedance amplifiers for telecom, datacom, and consumer electronic fiber-optic applications; power amplifiers and transceivers for millimeter monolithic microwave integrated circuits wireless applications; integrated systems in a package solutions for fiber-optic and wireless applications; and radio frequency chips for various consumer applications, including global navigation satellite systems. The company’s industrial product line provides various digital and mixed-signal application specific integrated circuit solutions for industrial, military, avionics, medical, and communications markets. GigOptix, Inc. markets and sells its products in Asia, North America, Europe, and internationally through direct sales force, distributors, and sales representatives. The company was founded in 2007 and is headquartered in San Jose, California.

77 Employees
Last Reported Date: 03/17/15
Founded in 2007

gigoptix inc (GIG) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $884.5K
Chief Technical Officer and Senior Vice Presi...
Total Annual Compensation: $299.1K
Senior Vice President of Global Sales & Marke...
Total Annual Compensation: $297.1K
Compensation as of Fiscal Year 2014.

gigoptix inc (GIG) Key Developments

GigOptix, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2015; Provides Earnings Guidance for the Third Quarter of Fiscal Year 2015

GigOptix, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2015. For the quarter, the company's total revenue was $9.840 million compared to $8.037 million a year ago. Income from operations was $0.563 million compared to loss from operations of $1.682 million a year ago. Profit before provision for income taxes was $0.541 million compared to loss before provision for income taxes of $1.692 million a year ago. Net profit was $0.522 million or $0.02 per basic and diluted share compared to net loss of $2.044 million or $0.06 per basic and diluted share a year ago. Non-GAAP income from operations was $2.106 million compared to $0.300 million a year ago. Non-GAAP net income was $2.068 million or $0.06 per basic and diluted share compared to $0.269 million or $0.01 per basic and diluted share a year ago. Adjusted EBITDA was $2.767 million compared to $0.972 million a year ago. In second quarter, the company spent approximately $0.7 million on CapEx to support continuous investments and innovation and enhance revenue growth. The company achieved free cash flow of $1.1 million during the quarter. For the six months, the company's total revenue was $18.900 million compared to $15.423 million a year ago. Loss from operations was $0.062 million compared to $3.562 million a year ago. Loss before provision for income taxes was $0.086 million compared to $3.579 million a year ago. Net loss was $0.114 million or $0.00 per basic and diluted share compared to $3.941 million or $0.13 per basic and diluted share a year ago. Non-GAAP income from operations was $2.832 million compared to non-GAAP loss from operations of $0.347 million a year ago. Non-GAAP net income was $2.783 million or $0.08 per diluted share compared to non-GAAP net loss of $0.395 million or $0.01 per basic and diluted share a year ago. Adjusted EBITDA was $4.160 million compared to $1.019 million a year ago. For the third quarter of fiscal year 2015, revenue is expected to be to be approximately $10.3 million. The company expects to invest approximately the same amount as in second quarter 2015 for CapEx.

GigOptix, Inc. Revises Revenue Guidance for the Full Year of Fiscal 2015; Provides Earnings Guidance for the Second Quarter Ended June 28, 2015

GigOptix, Inc. revised revenue guidance for the full year of fiscal 2015 and provided earnings guidance for the second quarter ended June 28, 2015. The company announced it currently expects revenue for the second quarter of fiscal year 2015, ended June 28, 2015, will be approximately $9.8 million, or an increase of approximately 8% from the first quarter of fiscal year 2015, and approximately 5% above the quarter's guidance midpoint of $9.4 million provided on April 27, 2015. Based on these preliminary revenue results in the second quarter of fiscal year 2015, along with continued healthy margin performance and tight expense controls, the company also believes it will achieve positive GAAP net income and record non-GAAP profitability. In addition, as a result of the better than initially forecasted revenue performance for the first half of fiscal 2015, which grew 22% over the first half of fiscal 2014, and the current continuous strong growth outlook for the third quarter and the remainder of fiscal year 2015, the company increased its revenue forecast for fiscal 2015 to at least $39 million, up approximately 4% from the previously announced guidance midpoint of $37.5 million. The updated revenue represents a year-over-year increase of approximately 19% compared with the revenue of $32.9 million in fiscal year 2014.

GigOptix, Inc. to Report Q2, 2015 Results on Jul 27, 2015

GigOptix, Inc. announced that they will report Q2, 2015 results at 2:00 PM, Pacific Standard Time on Jul 27, 2015

 

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Industry Analysis

GIG

Industry Average

Valuation GIG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.5x
Price/Book 1.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.0x
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